Switzerland extends CBDC trial by 2 years after promising early results

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The post Switzerland extends CBDC trial by 2 years after promising early results appeared first on CoinGeek.

While retail CBDCs appear to be hogging all the spotlight, recent developments across the European Union indicate a growing interest in wholesale CBDCs.

A new report stated that nine countries will launch wholesale CBDCs before the end of the decade, with developed economies leading the pack in this regard.

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Article Details

Author / Journalist: Wahid Pessarlay

Category: Crypto

Markets: CanadaSwitzerland

Topics: Business Swiss National Bank SIX Digital Exchange Project Helvetia III Central Bank Digital Currency

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-27 @ 05:00:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 606 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 21398819

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